TransUnion CIBIL Score & Report

TransUnion CIBIL Limited (formerly, Credit Information Bureau (India) Limited) is the India's leading credit bureau or Credit Information Company (CIC) that collects and maintains consumer and business information, as provided by the lending banks and NBFCs. It generates CIBIL Score and Report for individuals and CIBIL Rank for companies.

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Google Play Store

4.5_/5

15.6L Reviews

5.7Cr+Satisfied Customers

4Bureau Coverage

800+Cities across India

Why Check Credit Score on Paisabazaar ?

Check Credit Score from All 4 Bureaus

Track Credit Score Seamlessly Every Month

Read Credit Report in Multiple Languages

What is TransUnion CIBIL?

TransUnion CIBIL is India's leading and most trusted credit bureau that collects and manages consumer information, as provided by the lenders every month.

At the time of credit application approval, lenders consider the CIBIL report, as the primary determinant to analyse the creditworthiness or the risk involved in lending money to the borrower. Therefore, it becomes highly important for financial institutions to check the CIBIL report in their loan approval process.

In the following sections, we will discuss key details about India’s leading Credit Information Company (CIC), TransUnion CIBIL and its role in the borrowing or lending process.

What is CIBIL Score and CIBIL Report?

Credit score generated by TransUnion is known as CIBIL score. The detailed credit information report containing your CIBIL score is known as CIBIL report.

CIBIL score and report is one of the most preferred credit scores for lenders.
CIBIL utilises the credit information provided by lenders to calculate your credit score.
Your CIBIL score is refreshed every 15 days.
You can download a free CIBIL report from the website once every year.
To get CIBIL reports regularly, you may have to subscribe to paid plans.
At Paisabazaar, you get the latest updated CIBIL score and full credit report every month for free.
A good CIBIL score will help you get loans and credit cards relatively easily.
Check your CIBIL score regularly to stay updated with your credit health.
In case of errors, your CIBIL score may fall significantly.
Resolve all such complaints at the earliest by raising a grievance with CIBIL.

CIBIL Score Range – What Does Your Score Mean?

CIBIL score ranges between 300 and 900. Closer the score to 900, more is it considered favourable for loan or credit card approval. Let us understand the CIBIL score range and its significance in detail.

CIBIL Score	Score Range	What it Means	What it Signifies
801 - 900	Excellent	You have a superb credit history	You would meet the eligibility criteria of most banks and NBFCs, and are likely to get best offers at this score.
761 - 800	Very Good	You have been responsible with credit and have displayed very good credit behaviour.	Most banks and NBFCs would be willing to offer you credit.
701 - 760	Good	You have a good credit score, and your credit application may get approved by some lenders.	You may still be ineligible for most loan and credit card offers. You should work on improving your score to increase your creditworthiness.
601 - 700	Average	Your credit score needs improvement.	Only a few lenders are likely to approve your credit application, and even if it is approved, you may end up paying interest at a higher rate and with stricter loan terms.
300 - 600	Poor	Immediate attention required. Your credit history is damaged and you will have to rebuild your credit score.	Very less chances of new loan approval. Check your credit report to determine why your credit score is low and take action quickly.
NS/NH/0	New to Credit	It means you have never taken a loan or a credit card and have no credit history.	To be eligible for the best offers on loans and credit cards in the future, you need to build your credit score.

*These credit score ranges (i.e. Excellent, Good, etc.) are based on Paisabazaar's own criteria and are generally accepted in the industry.

CIBIL Score Range

Steps to Check Your TransUnion CIBIL Report for FREE

Follow these simple steps to check and download your TransUnion CIBIL Score free and receive monthly updates:

Step 1: Click here to check your CIBIL score

Step 2: Enter your basic details, such as name, mobile number, and email address and verify it by using OTP authentication

Step 3: Click on the 'Get Free Credit Score' button to know your credit score

Step 4: Select the CIBIL score, choose the language and month, and click to download your credit report

You have to follow these steps only for the first time. From next, you can simply login to your Paisabazaar account and check your latest updated CIBIL score.

Your CIBIL report is secured and you will have to enter a password to view report. Your Date of Birth (DDMMYYYY format) is the password of your downloaded CIBIL report pdf.

Note: If you find any discrepancy in your credit report, you can raise a dispute with CIBIL.

Components of CIBIL Report

The following are the various components of the CIBIL report:

CIBIL Score

The CIBIL score is reflected in the first section of the CIBIL report
It sums up your credit history and depicts your creditworthiness.
It is considered the most important component of your CIBIL report.

Personal Information

This section contains your name, gender, date of birth, etc.
It also covers your identification numbers such as Aadhaar, PAN, etc.

Contact Information

Your address(s), mobile number, email ID, and telephone numbers are provided in this section

Account Information

This part of the CIBIL credit report contains information about your current as well as previous loans and credit cards,
Details, such as your outstanding balance, overdue amount, loan amount, credit card limit, etc., are also mentioned.
DPD section is also present here that shows your repayment history.

Enquiry Information

Whenever you apply for a personal loan / credit card, the lender requests CIBIL for a copy of your Credit Information Report (CIR).
Such a request made by the lender is called a hard enquiry.
This section contains details of the credit application, amount and dates when such enquiries were made along with the name of the financial institution that enquired.

Note: CIBIL credit report provides a detailed historical record of how an individual has handled debt in the past. Please note that the credit report does not include details of an individual’s investment or savings.

Also Read: How to Improve your Credit Score Online

What is CIBIL Rank?

TransUnion CIBIL calculates and generates CIBIL report and CIBIL score for individuals, as well as a commercial Company Credit Report and CIBIL Rank for companies, enterprises and organizations.

TransUnion CIBIL calculates and generates CIBIL Ranks for businesses, MSMEs, enterprises and organizations.
CIBIL rank serves as a numeric summary of the details included in CIBIL’s Company Credit Report (CCR).
CIBIL Rank varies on a scale of Rank 1 to 10
CIBIL Rank 1 is considered the best rank with companies at least risk for lenders
CIBIL Rank 10 is considered the worst rank showing companies at maximum risk or even at default or insolvency.
As CIBIL rank indicates a company’s past handling of credit, it can significantly affect the chances of getting a new loan sanctioned.

The closer a company's CIBIL Rank is to 1, the higher the chances of getting approved for fresh credit at lower interest rates.

Role of TransUnion CIBIL in the Borrowing Process

CIBIL credit reports play a crucial role in approving or denying credit applications for new credit, such as loans and credit cards. The details of this process are as follows:

Financial institutions, such as Banks/NBFCs submit the consumer's and business's credit data or consumer information to TransUnion CIBIL.
It contains details of the past credit behaviour, including account details, outstanding loan amount, repayment history, existing loan/credit card information, enquiries, Days Past Due (DPD) and collateral/security, if any.
CIBIL collates this data and uses its unique statistical algorithm to calculate and generate Credit Information Reports (CIRs) for individuals that include CIBIL Score.
It generates Company Credit Reports (CCRs) for companies that contain CIBIL Rank.
Lenders can check the CIBIL report and CIBIL Score/CIBIL Rank to evaluate the risk of lending to applicants and accordingly approve or reject new loan/credit card applications.
Applicants with good CIBIL scores are preferred by lenders and are eligible to avail loans at low interest rates, as well as instant credit card approvals.
New-to-credit individuals do not have credit history (NA)/(NH) and thus, can find it difficult to get preferential loans and cards.
Applicants with not so good CIBIL scores may be able to avail fresh credit but at stricter loan terms.

Why is the CIBIL Score Important?

CIBIL score is one of the primary components that lenders check to assess an applicant's credit behaviour.
CIBIL score holds major importance in deciding the creditworthiness of the applicant to decide on loan approval or denial.
Applicants with CIBIL score of 760+ and as close to 900 are considered first by lenders in their loan or credit card approvals.
A good CIBIL helps in getting credit at low interest rates, along with added benefits.

CIBIL Customer Care

CIBIL Helpline Number for consumers is (+91) 22-614-043-00.
(Operational from 10:00 am to 06:00 pm (Monday- Friday))
Fax: (+91)22-66384666
You can also write to CIBIL at its registered address. The address is:

TransUnion CIBIL Limited
One World Centre, Tower 2A, 19th Floor,
Senapati Bapat Marg, Elphinstone Road,
Mumbai – 400 013

Read in Detail: CIBIL Customer Care

CIBIL Score Suggested Articles

How can I download my CIBIL credit report?	Check CIBIL Score by PAN Card Number
How to Raise a Dispute for CIBIL Report Errors?	How to Plan Your Repayments to Improve Credit Score?
Can I Get a Loan After Settlement?	No Credit History? Here is How to Build CIBIL Score from Scratch
What is CIBIL Score?	How to Download CIBIL Report?